The Commercial Property Owner’s Guide to Earthquake Safety was developed and published by the California Seismic Safety Commission, as required by the Business and Professions Code Section 10147.
The purpose of the booklet is to inform current and potential owners of the earthquake dangers to people and property, its contents and functions.
California State Law requires sellers of commercial property built before 1975 that have precast (tiltup) concrete or reinforced masonry walls and wood-frame floors or roofs to:
- Deliver to the buyer, “as soon as practicable before the transfer,” a copy of The Commercial Property Owner’s Guide to Earthquake Safety.
- Describes the most common weaknesses that can cause damage to commercial property in the event of an earthquake.
- Enables the seller to meet the State Law requiring this booklet be given to buyers of commercial property.
- Enables sellers to voluntarily disclose to buyers the typical earthquake weaknesses in commercial property.
- Provides owners with basic information about finding and fixing earthquake-related weaknesses.
- Provides general information about earthquake risks and directions for finding more information on earthquake safety.
Where Can I Get a Copy of the Booklet?
Do I Still Provide This if I Am Selling A Residential Property?
Yes. The law does not specifically exempt residential masonry buildings.